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Retail Consultant | Published author | Visiting lecturer Hyper-local strategies have been increasingly applied by luxury brands to connect with specific communities through limited-time pop-up stores. Luxury brand strategies can be enhanced by incorporating several factors: 1. Ghalia BOUSTANI.
Here are three key strategies Adidas is using to keep its stock in check. Instead of manually searching for items, employees can send digital requests for merchandise, ensuring that products are located and delivered to customers quickly. We use it across multiple regions, like greater China, and emerging markets in Latin America.
Location has always been a prime strategic advantage in the highly competitive grocery retailing industry. Our research shows how changes in population and housing will affect the overall demand for goods and services in different locations. There is a latent demand for smaller homes that are affordable and in high-energy locations.
Recalibrating social media Retailers might not be seeing a return on investment from Meta and Google because theyve let ads become their entire marketing strategy instead of what they should be an accelerator, according to co-founder of digital agency Ecom Nation Mal Chia.
This article breaks down five innovative offer strategies that can give your retail business the edge. Whether it’s pairing shoes with care kits or gym wear with supplements, this strategy helps to lift both order value and customer satisfaction. Start with one approach, test, and adapt.
Acting now to build a strong first-party data strategy isnt just about staying compliant, its about positioning your business as trustworthy, transparent, and future-proof. Be creepy: Tracking locations or behaviours without permission is a fast track to distrust. A well-thought-out strategy shows customers you respect them.
The new location signifies Costco’s ongoing commitment to making a vast range of high-value products available to Australians. Despite rising costs and inflation in the current economic climate in Australia, Costco has maintained its pricing strategy and incentivised loyal members rather than increasing margins.
The recent opening of Lululemon’s new flagship at Emporium Melbourne marked a key milestone for the brand and its robust growth strategy in the region. Inside Retail spoke with Paul Tinkler, vice president of Lululemon ANZ, about the significance of this opening and how it fits into the activewear brand’s broader business strategy.
The temporary nature of the pop-up has allowed us to focus on curating an experience, we could replicate in other locations as we scale. For example, the Potts Point location is a destination in itself, so customers are visiting us with intention.
However, as AI-powered platform Blue Yonder’s Brett Egglestone, senior director – retail industry strategy, advises, it does not matter what time of the year it is: your customers always expect the same level of service. Blue Yonder has identified five common challenges to cover in your peak season strategy… 1. Click here.
Adore Beautys earnings more than doubled in the fiscal first half, which management says reflects the early phase of the companys growth strategy. The company plans to open four to six additional locations later this year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 94 per cent to $4.6
Eyewear retailer 1001 Optometry is refurbishing 25 to 30 stores located in shopping centres, implementing the brand’s “Details are Beautiful” strategy.
Under Wirth, Myer has hopefully redefined its strategy, streamlining operations for a balanced omnichannel approach,” Nick Gray, the founder of I Got You Consultancy, told Inside Retail. But it’s not all about size, Premier’s Apparel Brands’ omnichannel strategy and customer connection align with Myer’s approach to loyalty.
So Kismet came up with a strategy called ‘MyStore’ to personalise Mitre 10’s website for each hardware store in the network. “It’s not just about you as a customer and your purchasing history, it’s your location. These are the building blocks of personalisation.”
Two dedicated sessions delved into analyses from international investors, highlighting their views and strategies in an evolving environment. Investors are returning to the market with growing volumes, particularly in Southeast Europe and the UK, adopting an opportunistic strategy centred around winning concepts.
Flying Tigers expansion strategy is rapid; it plans to have a footprint of 50 stores across Australia in the next five years. While the Danish brand is no stranger to adjusting its product and campaigns to its location, Australias holiday and seasonal calendar meant Flying Tiger Copenhagen had to reimagine its usual white Christmas catalog.
Having worked in the public relations and digital strategy space for several years, Kaye already had a well-developed understanding of how to connect with customers and build authentic relationships between the brand and the consumer. In addition to thriving DTC operations, there are now 26 physical Parachute stores located across the US.
Our retail strategy focuses on securing the best partners and locations, with our primary communications happening in malls and at points of sale,” he said, adding there could be expansion plans for other markets beyond Singapore and Malaysia.
While walk-ins are important to the business, the emphasis is on customers ordering through the location-based app that directs them to their nearest store. Location is everything. Coffee Treat launches app-based franchise Hayward has two stores in Warrnambool and is opening a third outlet in Hamilton this month.
On April 17, the brand plans to open its seventh location in Sydney’s Rouse Hill. Community engagement is at the heart of Papa Flocks growth strategy. While we serve American-style fried chicken, we are very much an Australian-born brand, and expanding our NSW footprint isnt just about opening up new stores in new locations.
The Melbourne-based business now has two retail locations in Sydney, a pop-up concept in Lebanon, and drop-off locations in Doha and Riyadh, in addition to its original Melbourne CBD store, where customers can drop off sneakers to be professionally cleaned.
Located on Bullrings Upper Level East, adjacent to AllSaints, Coach, and Dr Martens, the 5,500 sq ft store reflects Hammersons strategy of evolving its assets to reflect dominant consumer trends and brands focus on expanding in prime locations.
That’s different store locations, layouts, mobile apps, products, promotions, delivery promises, loyalty programs, and subscriptions, just to fill the fridge and pantry,” he added. However, with just 500 physical stores in the US, Whole Foods Market isn’t ready to rival the likes of Walmart, with 4606 US locations, just yet.
LSKD regularly conducts customer surveys and gathers feedback from conversations in its retail stores not to mention its 95,000-member private Facebook group to refine its product offering and communication strategy. Here, the brands head of community experience, Jade Cameron, discusses the most effective ways to engage customers.
That is why our focus has been and will continue to be on creating new, larger stores in prominent locations, and upgrading and expanding current key locations to reflect our premium lifestyle positioning. Within this year, we will open stores in Shanghai, Beijing, Shenzhen.
The first store is located at the Castle Towers shopping centre in Sydney, in a space formerly occupied by Priceline shop. Wesfarmers Health has opened the pilot of a new beauty and wellness concept store called Atomica, which it plans to roll out in major cities this year.
After establishing itself as a successful social media and e-commerce-led brand, Australian homewares brand Hommey quickly diversified its strategy and expanded into physical retail. Inside Retail : Why did you choose Fitzroy as your third store location for Melbourne? What is it about the Fitzroy demographic that aligns with Hommey?
Foot traffic in city centres has dropped along with a more cautious approach to spending currently, but those who have invested in omnichannel strategies seem to be keeping up with the changes,” Gray said. But if the business had a more robust digital presence, it may have been able to offset the decline in foot traffic to its CBD stores.
Inside Retail spoke with Natalie Ellis, vice president and GM for Foot Locker Asia Pacific about why the global retailer selected Melbourne Central as the location for its first new-concept flagship store in Australia, and fourth globally. Inside Retail : Melbourne’s vibrant sneaker culture makes it an ideal location for this launch.
LaManna, the 10,000sqm independent supermarket located at Essendon Fields, is rising to the Christmas occasion. The food emporium has earned a reputation for its hospitality-first approach in the grocery sector and its strategy for the holiday season will follow the same playbook.
What’s the retail strategy in Australia? We have a very clear channel strategy by brand. And when we bought Georg Jensen, we were attracted to it because it just amplifies our own strategy. It’s luxury, and it also has huge potential in our strategic core markets, the US and China, so it was spot on the strategy.
Inside Retail spoke to Charles & Keith’s co-founder and COO Keith Wong to learn further details on the company’s retail concept and global expansion strategy. Inside Retail: What criteria did you use to select the locations for these new flagship stores?
Holland & Barretts relocation echoes the surge in demand among wellbeing firms looking to join Fitzrovia, where The Langham Estate is located. With over 1 in 5 (21%) of the Estates occupiers now in the wellness sector, the area continues to establish itself as a health hub in the West End.
We are steadfast in this strategy to expand our retail ecosystem in the region, catering to discerning and sophisticated local and international consumers that are well exposed to fashion, specifically athleisure wear. According to Loong, while the company has increased its store count, e-commerce remains a key channel for the brand.
More stores for Adore Productive relationships with the businesss landlord partners, Scentre Group, GPT and Lendlease, has enabled Adore to be well advanced on a number of stores in terms of commercial arrangements and locations, Laing said. He plans to travel to three states this week to sign off on additional locations.
Investing in display strategies can help companies increase their influence and revenue. It’s crucial for sports and outdoor companies to implement display strategies catered to their target audiences and placed in the right location to attract attention.
billion investment in its omnichannel strategy. We do have a few years before that location is going to be open, the COO said. We’re really excited to see how we interact with the downtown New York consumer and the tourist traffic that will also be in that same area, but that’s going to be a really exciting location.
Located at 514 Broadway, the store will mark a “significant milestone” in the brand’s expansion in the US and allow it to have a deeper connection with Gen Z customers on the East Coast, the company said. Australia’s AKA Brands is set to open a Princess Polly store in New York City’s Soho neighborhood early next year.
Over the years, we have also consistently observed a strong appreciation for Bacha Coffee from Japanese customers across our global locations and online boutique. IR : How important is the tourist market in your Japan strategy? IR : What will be the key criteria in selecting new locations?
Seven & I Holdings, formed in 2005 through the merger of Ito-Yokado, Seven-Eleven Japan, and Dennys Japan, boasts more than 80,000 7-Eleven locations in 20 countries and regions. Acquiring Seven & I would expand its footprint, particularly in Asia, where the Japanese firm has a dominant presence.
A Bondi boutique Selecting Bondi as the location for One Miles first boutique was driven by the teams belief it was the best way to reach its customers and acquire new ones in a physical retail location. We felt Bondi was the hub for the most diverse group of people within Australia or the Eastern suburbs, Robinson said.
This latest acquisition further demonstrates Evolves’ expertise in identifying opportunities to buy, manage, and curate landmark mixed-use developments in attractive regional locations. This strategic acquisition forms part of our growth strategy to develop our portfolio in the mixed-use sector.
While the industry can agree on the necessity of a physical presence for retailers operating in the apparel space, the jury is still out on the optimal number of locations for brands to maintain relevance and succeed. “We We all grew up with a shop on every corner. For Walker, this is where Mosaic Group’s brands have gone wrong.
Shein uses advanced data analytics to predict trends and manufacture new designs with speed, while Temu’s aggressive pricing strategies have captured cost-conscious consumers. High inventory accuracy: DoWarehouse directs operators to the exact product location, displaying a visual product verification for accuracy.
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